SKYE Stock Overview
A clinical stage biopharmaceutical company, discovers, develops, and commercializes therapeutic drugs that modulate the endocannabinoid system.
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
Skye Bioscience, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$6.99 |
| 52 Week High | US$19.41 |
| 52 Week Low | US$1.44 |
| Beta | 1.81 |
| 11 Month Change | 54.65% |
| 3 Month Change | -30.65% |
| 1 Year Change | 197.45% |
| 33 Year Change | -77.27% |
| 5 Year Change | -90.68% |
| Change since IPO | -99.72% |
Recent News & Updates
Skye: Moving Weight Loss Drugs To The Next Level
Sep 04Is Skye Bioscience (NASDAQ:SKYE) Using Debt In A Risky Way?
Aug 11
Shareholder Returns
| SKYE | US Biotechs | US Market | |
|---|---|---|---|
| 7D | 18.7% | 0.7% | -0.8% |
| 1Y | 197.4% | 15.1% | 20.5% |
Return vs Industry: SKYE exceeded the US Biotechs industry which returned 13.9% over the past year.
Return vs Market: SKYE exceeded the US Market which returned 19.6% over the past year.
Price Volatility
| SKYE volatility | |
|---|---|
| SKYE Average Weekly Movement | 16.7% |
| Biotechs Industry Average Movement | 10.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: SKYE's share price has been volatile over the past 3 months.
Volatility Over Time: SKYE's weekly volatility has decreased from 24% to 17% over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 11 | Punit Dhillon | skyebioscience.com |
Skye Bioscience, Inc., a clinical stage biopharmaceutical company, discovers, develops, and commercializes therapeutic drugs that modulate the endocannabinoid system. The company’s lead clinical program's product candidate is nimacimab, a peripherally-restricted negative allosteric modulating antibody specific for the human cannabinoid receptor 1 (CB1) receptor, administered as a subcutaneous injectable that is Phase II clinical trials for the treatment of metabolic disorders, including obesity. It is also developing SBI-100 Ophthalmic Emulsion,a CB1 agonist that is Phase II clinical trials for the treatment of glaucoma and ocular hypertension.
Skye Bioscience, Inc. Fundamentals Summary
| SKYE fundamental statistics | |
|---|---|
| Market cap | US$192.65m |
| Earnings (TTM) | -US$42.29m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-5.0x
P/E RatioIs SKYE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SKYE income statement (TTM) | |
|---|---|
| Revenue | US$0 |
| Cost of Revenue | US$0 |
| Gross Profit | US$0 |
| Other Expenses | US$42.29m |
| Earnings | -US$42.29m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.39 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 6.7% |
How did SKYE perform over the long term?
See historical performance and comparison